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Reason Why You Need To Profit From The Nigeria Diaspora Market by vikt: 11:06am On Oct 14, 2022 |
REASON WHY YOU NEED TO PROFIT FROM THE NIGERIA DIASPORA MARKET Nigerians in diaspora are said to be diverting their income to hold foreign currency assets in Nigeria especially in real estate investment. Keji Giwa, the founder of Digital Landlords and ShortletHomes, noted that Nigerians in Diaspora are not just high-income earners, but significantly contributing a whopping 5% to Nigeria’s Gross Domestic Product, GDP. He said: “While the diaspora market clearly presents a huge opportunity to fund the Nigerian real estate, there is little attraction for investors to want to invest today out of the funds remitted to Nigeria each year from the diaspora market. This is due to the lack of foresight for Nigerians at homes to invest in properties and develop it in a way it is attractive to buyers and also monetizing it in dollars. He also said: “Nigerians at home hold the key to making real estate in Nigeria attractive to Nigerians in diaspora. Nigeria is fast becoming the destination hub for indigenous tourist every Easter, summer and what is now called dirty December. Real estate investors and owners should focus on real estate investment to attract tourism and recreational activities. This will boost the real estate market which can generate as 30% ROI for investors.” If you want to know more and you are on the look out for real estate to invest and develop, contact STOCKLAND HOME AND PROPERTIES now via Call/Whatsapp on 08134960955
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